OOTC - Service Introduction
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The document describes the Open Outcry Trading Club, which focuses on futures and options trading. The club aims to teach students skills like mental arithmetic, confidence, assertiveness, teamwork, decision making, risk awareness, time management, and understanding real-life work environments. Students role-play an open outcry market, learning to make individual decisions based on market conditions, fulfilling parts of the maths national curriculum around ratio understanding, probability, and risk. For more advanced students, the club also explores areas of banking like settlements, risk management, and computer systems. Sessions can be tailored for classes of 10 to 30 students aged 12 to 18.
OOTC - Service Introduction
- 1. Open Outcry Trading Club “The national curriculum for mathematics aims to ensure that all pupils: Become fluent in the fundamentals of mathematics, including through varied and frequent practice with increasingly complex problems over time, so that pupils develop conceptual understanding and the ability to recall and apply knowledge rapidly and accurately. reason mathematically by following a line of enquiry, conjecturing relationships and generalisations, and developing an argument, justification or proof using mathematical language can solve problems by applying their mathematics to a variety of routine and non- routine problems with increasing sophistication, including breaking down problems into a series of simpler steps and persevering in seeking solutions. OPEN OUTCRY TRADING CLUB focuses on the Futures and Options arm of Investment Banking. The method of Open Outcry trading delivers many benefits including: Agile Mental Arithmetic Confidence Assertiveness Team Work Decision making Risk awareness Understanding of a real life work environment Time Management Working within a pressurised scenario Students engage in ‘role play’ of an Open Outcry market, whilst learning to find their voice, their own individuality whilst in a group scenario.
- 2. By understanding a market condition and impacting factors, students are able to make decisions (based on the current market), which fulfils part of the Maths key stage 3 & 4 in ratio understanding, in principles of probability and risk. The hand signals used also improve dexterity, the ability to multitask, checking of trades (teaching the checking of the work function) but also create a very visual, FUN teaching environment. For more advanced students we also explore more detailed areas of Banking – Settlements Static data Risk Computer Systems Transfer of funds Transaction Reporting Plus many others We offer a truly unique teaching method, which can be tailored, for classes from 10 - 30 students with an ideal age range of 12 to 18. All sessions can be exactly tailored to the students and educational departments specific requirements.